Falcon Gold (CVE:FG) Stock Price Up 40% – Should You Buy?

Shares of Falcon Gold Corp. (CVE:FGGet Free Report) shot up 40% on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. 141,500 shares were traded during trading, an increase of 20% from the average session volume of 118,051 shares. The stock had previously closed at C$0.03.

Falcon Gold Stock Up 40.0 %

The company has a debt-to-equity ratio of 0.41, a current ratio of 0.28 and a quick ratio of 0.91. The stock has a 50 day simple moving average of C$0.03 and a 200-day simple moving average of C$0.03. The firm has a market cap of C$5.32 million, a PE ratio of -3.50 and a beta of 0.61.

Falcon Gold Company Profile

(Get Free Report)

Falcon Gold Corp. generates, acquires, and explores mineral properties in the Americas. It explores for gold, silver, copper, and base metal deposits, as well as diamonds. Its flagship project is the Central Canada Gold Mine located approximately 20km southeast of Agnico Eagle’s Hammond Reef Gold Deposit.

Further Reading

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